Chapter 396 Borrowed Money
After Abigail managed to rope in Ronaldo, she remembered there was another ally whom she regretted she would not be able to cajole. Damon’s backing was substantial. Unfortunately, his marriage might cost him his inheritance in the family business.
Within a week, Abigail and Luna managed to secure the support of nearly eight investors. The lowest investment was six hundred thousand, and collectively, they had garnered close to twenty
million.
Abigail and Luna believed this was sufficient funding and decided to hold a meeting.
Everyone took their seats, and Abigail had her assistant distribute the prepared contracts.
As Ronaldo received the contract, he didn’t scrutinize it too closely. He already had a good. understanding of the basic terms. So, the meeting was mainly about signing and sealing the deal.
Luna took the lead, announcing, “Take a look at the contracts, and if you have any objections, feel
free to raise them now.”
Other than Ronaldo, who was familiar with how the two women ran their ship, the other seven were long-term collaborators. Some provided outsourcing services for L.Moon, while others. supplied fabrics and materials. They covered nearly every sector in the fashion industry.
“I don’t have any objections,” The first young shareholder spoke up.
The others quickly voiced their agreement after sensing the lack of concern in his tone.
Follow on NovᴇlEnglish.nᴇtAs everyone was surprisingly cooperative, both Abigail and Luna breathed a sigh of relief.
Luna was about to speak again when she was interrupted by a knock on the door.
The assistant went to open it and was a bit surprised upon seeing the person standing by the door.
“It’s Mr. Copper,” the assistant turned and reported to Abigail and Luna.
“Have him wait in the conference room for a moment,” Abigail instructed.
Just as the assistant was about to convey the message, Damon spoke up. “You can tell them I’m here to invest.”
His words were heard by everyone in the meeting room.
Abigail turned to her assistant and nodded.
Damon was escorted in, and he took a seat in one of the chairs arranged by the assistant. He was the first to say, “Why didn’t you tell me about the investment?”
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“Mr. Copper, is your business now settled?” Abigail asked, smiling.
Damon, still seated, nodded. “It’s more or less taken care of. I’ve received some help recently. So, it’s not as difficult as before.”
“Mr. Copper, how much are you planning to invest?” Luna asked, her face carrying a trace of a smile.
“I’m investing seven million. Miss Smith and Ms. Quinn, you both know about my situation. It’s not a huge sum, but it’s a token of my goodwill,” Damon explained as the highest investor.
The others looked a bit embarrassed after hearing the amount he was offering.
“That’s not a small amount. It seems we’ll have to revise the contract. But… Do you all think that Mr. Copper should be a part of this?” Luna asked, glancing around for opinions.
Ronaldo waved his hand. “I have no objections.”
Of course, the more investors, the better. This would give L.Moon more confidence to counteract any moves from others.
One by one, the shareholders welcomed Damon’s participation.
Then, Luna arranged for dinner after going through the contract formalities.
Once the dinner concluded, the other shareholders left, leaving only Ronaldo and Damon with Luna and Abigail at L.Moon.
“I didn’t expect you to invest so much. Among all the investors, you’ve certainly contributed the most, Mr. Copper,” Abigail expressed her genuine gratitude.
Damon actually wasn’t aware of L.Moon’s efforts to secure investments. This whole initiative was kept quite secretive. If it weren’t for Sean informing him to get his butt over here, he wouldn’t have known about L.Moon’s discreet endeavors. Regardless, he had a good idea of the reason behind their sudden decision.
Even though he was pretty much excluded from his family business, he was still a prominent figure in Capitalis. During his conversations with friends, there had been several discussions as to how L.Moon might face some challenges from the industry.
“I’m satisfied as long as I can be of help to you.” Damon’s voice was gentle.
Ronaldo’s eyes flickered with a touch of shrewdness. “I heard you don’t have executive power now, Mr. Copper. How can you invest so much in L.Moon?”
Follow on Novᴇl-Onlinᴇ.cᴏmOf course, the money Damon invested was borrowed from Sean. He understood that Sean wanted to help Abigail, but it wasn’t easy to intervene due to the nature of their relationship. Plus, Abigail bringing in shareholders was also an opportunity for him.
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Sean’s actions could be seen as a way of conveying his feelings. Of course, they also benefited him.
“Naturally, I borrowed them. It would be a shame to miss such a good opportunity, right? After all, L.Moon’s designs are excellent. It doesn’t really matter how much you invest in them; it’s still going to rake in a profit,” Damon replied with a smile, addressing Ronaldo.
Ronaldo withdrew his gaze, feeling somewhat regretful. He thought he should have told his family earlier and invested more.
He fanned himself and said, “Mr. Copper, you’re right, but the impact caused by others will definitely be brutal. You have to have strong psychological resilience, especially since you’re investing borrowed money.”
Luna couldn’t help but say, “Mr. Fernandez, you’re scaring me. First and foremost, it’s us who are in need of strong mental fortitude. Otherwise, we’d be letting down Mr. Copper, who’s investing in us with borrowed money.”
Abigail chimed in with a smile, “That’s right. Your words are making us feel the pressure.”
Ronaldo teased, “What’s there to be afraid of? You have the board of directors backing you up.”
“We truly have you to thank for that,” Abigail replied with a cheerful disposition.
Damon couldn’t help but wonder if Sean would be jealous when he saw their interaction.
Luna, noticing Damon’s continuous focus on Abigail and Ronaldo, couldn’t help but pipe up, “Mr. Copper, did you come here today specifically to invest in us? We didn’t invite you…. So, how did you know about this?”
Damon snapped back to reality, looking at Luna. “Miss Smith, the industry grapevine can be quite efficient. I assume your push for investments is a response to potential challenges from others, right?”